Evening Star Newspaper, August 15, 1927, Page 14

‘FIN Money to Loan FIRST and SECOND MORTGAGE LOANS On Washington Residences Business Properties PHILIP MILSTONE 1305 D St. N.W. M. 1929 REAL ESTATE LOANS 51 % FRED T. NESBIT 1010 Vermont Ave. Main 092 Secyred by firet deed of trust on real estate Prevafling _inte e G. M.-P. MURPHY & CO. rs New VYork ock Exchange Successors to JOHN L. EDWARDS & COMP: copy A copy Revicwo of our Fortmghtly request || 1|1 | 1416 H Street 1 sent on Northwest 82 Broadway, New York Richmond, Va. FIRST and SECOND MORTGAGE LOANS Homes and Business Propertics THE COMMERCIAL NATIO;\' AL CO}{H’AN\' ncorporate: Paid Up € RY CLEANIN AT WOODRUFF'S in of the Highest Quality and it costs vou less Light Spring Overcoats, 51:00 For_Extimates. Main 140 4 We Buy and Sell Liberty Bonds Treasury Notes | Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street Buck & Company BROKERS Established 1916 Stocks Bonds Grain Cotton Write or call for weekly mar- r. ket lette No Obtigations BUCK AND COMPANY Evans_Bldg. 1420 New York Ave. Frankiln 3300 Prompt Action First Mortgage Loans Lowest Rates of Interest and Commlssion Thomas J. Fisher & Company, Inc. Mortgage Money Loaned at Low Interest Rates Economie_Conditions Tyler & Rutherford Loan Correspondent Mutual Benefit Life 1520 K Street ~ Main 475 B00000000000000000000 : 67 CONSULT US : o > o irst o ‘Wm. H. Saunders Co., rt| , Mot gttt 2000000000000000000000000 | Money Available for |~ FIRST DEED OF TRUST LOANS 6% Reasonable Comm: Prompt Replies to Applications JAMES F. SHEA 643 Louisiana Ave. N.W. We will gladly receive and give prompt attention to applications for ~ Loans on Washington Real Estate Current rates of inter- est. Should you have Money to Invest —we can also take care of you. *Our experience, ex- tending over a period of Thirty-five Years —insures your protection. Percy H. Russell Co. 926 15th St. N.W. I | both industria | orderly. 1 | changed. and stocks responded solel | month {pounds to 200 pounds, 10.75a11. | | !; on i | | | { | ANCIAL? MARKET TRAD SHOWS STRENGTH Judge Gary’s Death Causes Fluctuation in Steel, But Stocks Soon Rally. BY GEORGE T. HUGH | Dispatch to The Star. | | EW YORK, August The ef-| | fect of the announcement of Judge | | Blbert H. Gary’s death at the be {ning of the stock mar adi day was a rather se { movement for a time in the sh of the United States Steel Corpora- | tion. This selling, however. failed to unsettle the market as a whole and toward the end of the first hour U. § | Steel common got back to Saturd { final | Du Pont, another issue which w: | likely to feel the effect of this de: velopment more than most others, | | was practically unchanged after the announcement Judge Gary's s made. Other industrials and the rails moved in o- | n | firm unison. Higher were the rule for and rails at the start of the week on the Stock Ixchange. Margin calls sent out after the close Saturday were unexpectedly limited and selling of a forced character was not in_evidenc Southern Railway and Delaware Hudson featured the high-grade rails ances of 113 points at the New York, Ontario and Maryland and other lower priced issues were generally higher. | Hudson and Nash firmed | i moving sym- prices acterized Ly every ap fidence. The trend was distinetly up- ward. Business was not on so large a scale as last week, but it was more vidently the technical con- dition has been greatly improved. It was noticeable also that the stocks called *“pool stocks” were no longer the leaders and that was reassuring to the conservative element. Aside from the death of Judge Gary there was no news to affect prices. Money renewed at 3% per cent, un- to the prevalent optimistic view to the market's condition. The rails were more prominent | than in any recent session. Shares of the Northwestern roads were eas- ily the features. Northern Paci: and Great Northern preferred were | strong from the start and afterward Chicago & Northwestern and then Paul were taken up. As it stands today the Northwestern rails combine greater investment and speculative at- traction than the stocks of other car- viers. Great Northern seems to be in the best position of the group with estimated 1927 earnings over twice the present $5 dividends. The stock sold today around par and practically at the high of the year. Stocks continued firm throughout the afterncon. General Motors and United States Steel added to their early gains and other stocks came to the front, among them Montgomery & Ward at_practically the high of the year. Reading was prominent among the dividend-paying rails, up two points, and others to sell higher included Atchison and Atlantic Coast Line. Wall Street Briefs NEW YORK, August 15 (#).—Im- portations of crude rubber into the United States in July aggregated 38,667 tons, compared with 37,087 tons in July 1926, the Rubber Association of Amer.ca reports. Total imports for the seven montis this yvear were 265,517 tons, against 245,724 tons in the' corresponding period of 1926. National Supply Co. and subsidia- ries earned $5.55 a share on the com- mon stock in the first half of 1927, against $5.44 a share in the same period last year. Crude ofl production in California last week averaged 620,500 barrels daily, an increase of 6,500 barrels daily’ over the preceding week, due to new production. Production of crude lead in the placed a® 82,679 tons by .he American Bureau of Metal Statistics, against 79,742 tons in June. Refined output was 76,792 tons, against 75,253 the before, and antimonial 1,749 tons, against 1,246. lead, including antimonial, at the end of July were 49,134 tons, compared with 48,366 tons at the en” of June. quarterly dividend of on the common stock and an extra of tember 15. Similar payments were authorized in the preceding quarter. CHICAGO LIVE Si‘OCK MARKET | CHICAGO, August 15 (#) (United States Department of Agriculture).— Hogs—Receipts, 35,000 head; general market, 10 to 15 higher; spots, 25 up; butcher hogs scaling 250 pounds up, slow; top, 11.10; good and choice 160 220 260 a8.90 most. 7.35a7.85; light- bulk desirable a10.15. 21,000 head; fed better grades ac- to 240 pounds, mostly 9.75a10.50 pounds to 300 pounds, v; packing weights up slaughter pigs, 9. Cattle—Receipts, steers mostly steady tive; lower gi steady to weak: bulls barely steady: | vealers selling mostly to outsiders steady prices; best weighty steers, 14.60; long yearlings, 14.25; heifers up to 13.50; most fat steers, 11.50a13.5 up to 11.00; most s cows, 6.25a8.00; vealers, 14.50a ccp—Receipts, 16,000 head; lambs fairly active, generally steady strong with Friday; sorted natives to sm: scattering, 14.2 ui 1 13.7314 k packers | 00; few down- ulls, 9.00a 2 offerings 14.2 thre doubles ound 80 pounds initial | assignment; Nevada lambs at the| | price; sheep steady: fat native ewes, | | 6.00a7.00; range ewes held around 7. bulk feeding lambs eligible, 12.75a13, best held above 13.75. sorted, | Kood to choice FOREIGN EXCHANGE. (Quorations furnished by W. B Hibbs & Co.) ol valne oy pound $4.R005 $4.85% dolinr. 100 . fran~. .. .. franc i London Montrest Paris. | 1 Nominal Selling checks | | | Bruscels | Bertin ome | Zurich | Athena drac) Cone irown’ 0o crow Stockholm NEW YORK, August 15 (® ‘l‘i,’n exchanges steady; fons (in demand, ay bills on and. 3.91%; 44; cables, - crown Demand—Belgium, 76; Holland, 40.0 26.82; 19.28 den, zerland, Canada Dry (3). Can Pacific (10). 186 Cent Leath. . Cent Leather pf. Cerro dePus(15) Certain-Teed ., 4) Certo (12%).... Chand-Cleve United States and Mexico in July is | Chandler pf(234 Chi& Alton. ... Stocks of refined | Chi & East 111 p t d | Chi Great West. Chi Ind&L pf(4) Directors of the Standard Oil Co. |Chi MI&StP pf. of New Jersey declared the regular [CM &St P cfs. . 5 cents a share | C M&StP pf cf: 1213 cents a share, both payable Sep- | Chl & Nwn pf(7) 133 Chi Pne Tool (&) 125 | Cont Mot (8vc).. THE EVENING STAR, WASHINGTON, D. €. MONDAY. NEW YORK STOCK EXCHANGE Open High 10015 102 « B0 12 Low Close 100 102 WU 79 | Abitib! Pow (8). Abrahm&Stiaus Adv Rumley. Ahumada Lead. . Alr Reductn(16 Ajax Rubber... Alaska Jun; Albany Paj Allled Chern (8) Allled Cm pf(7). Allls Chalm (6), | Amal Leather. .. Amerada (2).... Am Agricul Chm Am Agrt Ch pf. Am Bosch. : Am Br Sh1J1.60) Am Brown Bov. Am Brown Bo pf AmCan (2)..... bSh Am Car&Kdy(6) 101 Am Chain pr(7). Am Chicle (3).. Am Drug (80c). ' Am Express (6). 159 1614 159 Am & For Pow.. 3 23% Am&Fo Po pf(7) 100% 100% 100 Am Hide & L pf. (3% & 635 Am Ho P (2.40). 49 480 Am lce (t10)... 119 19 Am lce (n)..... Am Internatl(2) Am La France. . Am LaF'ra pf(7) Am Linseed.... 46 Am Linseed pf.. 71 72 Am Locomot (8) 106 106% 105% 106 Am Machine (2) 98y 93 98% Am Metals (3 Am Piano (3).. Am Plano pf (7) Am Po & Lt (11) Am Radiator(5) Am Republic.... Am SafetyR($3) 454 Am Seating(t4). 47 Am Smeliting (8) 62 AmS & R pl(7). Am Stl Fdys (3) Am Sugar (5) Am Sumatra.... i Am Tel & Tel(9) 16 Am Tobacco (8). 1 Am TobaccoB(8) 143 Am Type vf (7). Am WW (c1.60) Am W W (m80c) Am Woolen..... Am Woolen pf.. Am Writ Pa ctfs Am Wr Pa pfcfs AmZinc.....ee0 Anaconda (3)... Armeurot 1II(A) Arnold Con&Co. Artloom pf (7)., 1 Art Metl(11).. AsS0 Dry Gi2ts) Asso DG 2d (7). AtT& S F(ty1) AUCL (18%)., AU GuIf & W 1., Atl Refining (4). 1 Baldwin L (7).. 250 Balto & 0 (6)... 117 Balto & Oh pf(4) 7 Bang & Ar (3) Bangor & Ar rts Bang & Ar pf(7) Barnet Leather. BarnsdallA (21) Barnsdall B(2% 4 12 51 1014 101 * 100 & 1007 51in 55 13% 161 3% 1004 b a9 48% 19 6y i T9n B0 47 95 60 45'% 47 164 160% 161 126 1 o0% o 1427 142 110% 110% 110% 1104 100 100 100 190 43% 494 47w 4y T oY% 9l 31 44k 45Y 105 106 106 190% 193'% 15T% 193" 194 v 192 1 3% 3% 3 8% 9% 7 115 24 110'%s 111 B b3 zdl 24% 24 24 88 ¥8 15% 53 117 50 594 24% 24 88 15% 54 24 24 88 1% . 53 Beechnt pf B(7). 117 117 Best & Co...... 50 6507 Bethlehem Steel 60% 61'3 Beth St pf (7)., 115 115 Bloomingdale... 38% 3874 Blmingdle pf(7) 109 109 Briggs Mg (3). 7% 21% 27% 7% Bkin-Edison (8) 179% 181' 178+ 1514 Blkn-Mn Tr (4). b64% 54% 544 54 Bklyn UnGas(5) 150% 150% 149% 149% Brown Sho 40 40% 40% 40% Brunswick B(3 30 34 30% 33 Buff Roch&P (4) 95 95 95 . Y Burns Bro (10). 92 92 92 2 Burros Add(t4). 103 108 108 108 Bush Term (b8) 57 7% b6% 57 Bush Terde (7). 102% 102% 102% 102% Bush Trm pf (7) 113 117 113 117 Butte Cop (50¢). 4% &% 4% 44 Butte&Super(2) 8's S8la Hlg 8l Butterick (g2) 3% 834 5. 53 Byer & Co. 6 7% T3 1w Byer & Co pf(7). 110% 110% 110% 110t Callf Packg(4).. 63 63% 63% 63 Calif Petrm (1). 12 2% 22 :2% CallahanZinc... 1% 1t U 14 Calumet & Ar(6) 69 69 69 69 Calu & Hecla(2) 16 16 16 16 56% 57% 55% 5T 188 Pacificrts.., 3% 3% Case Threshg(6) 245% 255 Cent Alloy (2) 29 29% 164 17% 83 63'% 49% 5 i 117 507% 61% ). ) 28% 294 16% 50 75 « W 1 ) 184 18% Ches & Oh1o(10) 187x 191 Ches Corpn. o % 1% 6% 6% 185 18 1574 190 % T1% 8 an 8 8w 13% 13% 13 13% 45% 45% 45% 45% T 80% 79w 80 16 16 16 15 83% 4% 32% 34% 73% 3% 73y 3% 15 16 156 16% 394 324 30 324 15% 14 15% 5% 31 81% 30% 30% B8% Y0% 8TW% YO% 138 138 133 127% 125 125 Ch! Rock Is (5). 1094 111% 108% 110% CR1&PDL(6). 101 101 100% 100m Childs (32.40)... 60 60% 60 69% ChileCop (2%). 35% 35% 35% 3o% Christie B (1.20) 58% 59 584 59 Chrysler Corp(3; bi% 54% £3% 5d'% City Stores (B). 47% 49% 474 49 Coca-Cola (5)... 116% 1F7% L16% 117 Colllns & Atk(n) 90% 90% 90 90 Collins&A pf (7) 101% 104% 104% 104% Col Fuel & Iron. 76 % Ti% 1% ColGas & El (5) 94% 95% 945 Y5% Col GEE pf A(6) 105 105 104 1044 ColCarbon (4).. 72 173 72 ComCredpf 6% 77 17 77 Com Solv B (8). 350 35% 347 Com Powr (2%) 55% b5% 544 Conde Nast (2). 40's 0% 40's Congoleum-Nalir 23% 2415 23% Cong Clgar (4).. f4's 65% 6dip Con Clgars (7)., 80% 81 Tow Consol Gas (5).. 111!z 111% 110 Cons Gas pf (5). Yslh ys% Ysh 98 Consol Textlle. . H% 5% 5% 6w Cont Bakg A(4). 41'a 42 4l 42 Cont Baking B.. 4 5 4 5 Cont Bak pf (8). 89 £9 &9 89 ContCan (5).... 73% 3% 72% 73 Cont Insur (6).. 184% 185 184% 185 10% AL 10% 10% 54% 54% 51 bdw Coty Inc (6).... 92w 924 90% 91 CrucibleSteel (6) +9' 90 Cuba Cane Su pt 4 35% Cuba Compy (3) 2 % Cuba R R (4.80). Cuban Dom Sug. Cudahy PKg (4). Cuyamel Frult.. Davison Chem. . ‘2 820 Deere&Co pf(7). 116% 1164 Del & Hud (9).. 201'3 205 Del L& W (17). 1t3 164 DRG Wstpt.., (7" Detrolt £d (8).. Devoe & 1t(2.40) 3/ Devoe&R 1st(7). 110 Diama Mteh(8). 143 Dodge BrosClA 15 Dodie pf (7). ... Dome Mines (1) 7' Dupont (19%).. 79% 3% 275% 283 Eastman (t8).. 164 154% 164 Eaton Axle (2).. 26 26 25% El AutoLt(18%) 55l B89% Electric Boat... 20 224 Elec Power & Lt 2% 22' Elec Refrigeratn 16% 17 El Stge.Bat (16) 6<% 68'% Elk Horn. 1M 1l End John Wm 71 Engineers Pub S 2315 Epait BlAg(T).. X6 Erle RR. . 60% Erie Istpf...... fl' Erie Stm S(2%) 304 Eureka Va ft4% 17) Fed Mot T(f80c) 19 Fld Phoentx (4). 135 First NatS(135) 234 23% #1sk Rubber.... 16% 16% Flelschmann(3) 58% 59% Chi & Alton pf. Chi & East Ill... Chi Gt West pf. Chi Mil & StP., Chi & Nwn (4).. Corn Prod (13).. +3 14 469 4% 6% 497 31 324 16% 116% 149% 04 163 163 57's 58'¢ 150% 151 37 +3 N 86 59% 59 % 30 68 19 135 19% g 135 135 23% 23% 16 164 58% 69% .08; Ru 6 Brazi Shanghai, 6 Foundation (6). 57% 59 Fox Film A (4). 61% 62% Froegort (144). 12 2% 62 72 7% 59 41 0% Gabriel Sn(3%). Gardner Motor. . Gen Am Tunk (3) Gen Asphait. Gen Asph pf ( en Clgars (4) Gen Elec (15)... GenElec sp(6ic) Gen Mot pf (7).. Gen Vutdr Ad(2) Gen Ry SIg (5).. Gen Refrac (3).. Gimbel Bros. ... Gimbl Brof (7). dden Co. old Dust odrich Ru odyear Tire. . SH Gotham new 2% Granby (4) c Grt North pf (5) Gt Nor pf cfs(5) Grt NorOt1%). Great WnSug(n) Gt WestS pt (7) Green Canan... antanamo. ulf Mo & Nor... Gu M & N pf (6) Gulf States (5). Hrtn B b10%stk Hav E1 Ry pf (6 Open Hizh 54 Ry 66 46% 1064 1Y% 601 64 634 Hocking Val(10) 2! E toushld P(3%). Houston Ofl.... Howe Sound (4). Hud Man (2%). Hudson Mo(31%) Hup Mot (1.40). Iilinots Cen (7). Indep O11 (1)... Indtan Mot (1 Indian Refining. Ingersoll pf (6). | tnland St2%). Inspiration . InterboroRapTr Iuternat Agri. .. Int Agricul prior Int Bus Ma (4). Int Cement (4).. Int Com Eng (2) Int Harv (§6)... Int Mteh pf(3.20 Int Mer Marin Int Mer Mar pf.. 4 Int Paper pf (7) Intl Siiver...... Int Tel & Tel (6) Int Tel & Tel rts Intertye (+1%). | Island Creek (4) Jewel Tea...... Jones Bros Tea. Jones & Lau (7). Jordan Motor... Kan City South. Kan C So pf (4). Kayserd (4)... Kelly-Spring. .. Kelly Tire 6% pf Kelly Tire 8% pf Kennecott C (5). Keystone T & R. KraftCh (11%). Kresge (1.20) Kresge Dept S, Kresge D S pf. Lago Oil (3) Lambert Co (5) Lehtgh Val(314) Lehn & Fink(3). Life Sav (1.60).. Lig & Myrs(f14) LIg&MyrsB(f4). Lima Loco (4) Liq Carb (3.60). Loutsiana Oil. ., LouisGasA(1.75) Louis & Nash(7) Luclum Steel(2) McCrory B(1.60) Mack Trucks (6) Mack T 18t (7)., Mack Trk 2d (7) Mackay (7)..... Macy RH (5)... Madison Sq Gar. Magma Cop (3). Mallison & Co... Mallison pt (7).. Mandel (2%). Man El Sup (5). Man El m g (d5) Man Shirt (1%). Manila EI (2%). Maracatbo Oll. .. Market St prior. Market St 2d pf. Marland Ol..... Marlin-Rek 13% Mathieson (4).. May Dept S (4). MaytagCo(t2i) Mexican Seab. .. Miami Cop (1) MidContinent(3) Middle States. .. Mid States Ofl ct Midiand pf(t12) Miller Rub (2).. Minn & St Louis Min St P & SSM. M St P&SSM pf. Mo Kan & Tex.. Mo K & T pf (6). Missouri Pacific. Missour! Pac pt. Montana Pow(5) Montgmry W(4) Mother L (50e).. Mullins Body. Mullins B pf (8) Munsingwr (3).° Nash Mot (14%) Nash & Chat (7) Nat Biscuit t5% Nat Bise pf (7). Nat Cash R(A)3 Natl Dairy (3).. Nat Dept Stores Nat Distillers. .. Nat Enamel & S. Nat Lead (5). Nat Pw&Lt(80¢c) Nat Ry Mex 2d.. at Supply (4). Nat Surety (10). Nat Tea (4)..., Nevada C(1%).. N ¥ Cent (3).... N Y Central rta. NY Chi&StL(11) NYC&StL pt(6). NY Dock NY & Lac! Ee NY NH & Hart., NY Ont & W (1) Norf & W (8)... NorAm b10% stk North Am p£(3). North Pac (5)... Nor Pac cfs(5) . Nunnally (1.60). Ol Well Sup. O1l Well S ot. Omntbus. . Opnhm Col (4).. Orpheum Cir (2) Otis Elevator (6. Otis Steel Otis St pi 1) Paeiffc Coast.... Pac Coast 18t. .. Pac Coast 2d (4) vaciic Gas (2) Pac Oil Stub: Packard (2. Panhandle...... Parmt-Fam (§8) Park & Tiiford.. Pathe Ex A (4). Penick&Ford(1) Pa Dix1eCt(3.20) Penna RR (3%) Peoples Gas (8). Peorta & East. . Pere Mara (18). Pere M prior (5) Phila& RC&1. Phillips Pet (3). Phoenix Hoslery Phoenix pf (7). Plerce-Arrow. .. Plerce-Ar pf(8). Plerce Oil....... Plerce Petrolm. . Pitts Coal....... Pitts FtW pf(1). Pitrs & W Va(6) 374 65% 56/n % 1017 53'y 103% 101% 212 101 155'% 155% 183 141 139 167 110 4% 59's 59% 254 120 17 105'% 53 103% 102's 0% 24 50 100 44 e 180 133 140 44 6 23% 39% 275 103's Received by Private Wire Direct to The Star Office. Open. o Ll Pressed Stl Car. 61 PrSu Car pf17). Prod & Itefiners. Producers&R pt Pub Serv pf (6). i Pub SE Po pf(7) Pullman Co (8). Pullman ctfs(8) Pure Ol (12)... Radio Corp of A. R Ice Crm(3) Rem-Rand 11.60 Rem-Rd 18t(7). Rep Ir & Sty (1), Ids Spngs. obac B (6) ia Ins (6).. 11D (a1.33%) safety Cable (4) St L&San F(18). St L Southwest. Savage Arms. .. Schulte (31) Seabd Alr Lin Seab Alr L pf... | Seagrave(el.20) Sears-R (n2%). Shattuck F G (2) Shell Gn (1.40). Simmons (2)... Simmons pf (7). Simms Pete. Sinclair 011 Skelly O1l (2).. Sloss-Shef (6).. Snider Packg Co SPortoR Sug (n) outh Calif £d.. South Dairfes A. Sou Dairles B South Pac (6) Southern Ry (1) Spicer Mfg....0 S1d G & E(3%). S G & B ptd). Std Mill (5).... | Std Millg pe (6). StduilCalir2%). Std OILNJI (t1% ) Std O1I' NY (1.60) | Std Plate Glass. Sterling Pro(t6) 1 Stewart-War (6) Studebaker (5). Studebak pt (7). Submarine Boat. | sunoi (1), | Superior O1t Symington, Telautogra (60c) enn Copper (1) Texas Corpn (3) Tex Gulf S 14%. Tex & Pacitie. .. Tex PC&U160C). Tex Land Trst n The Fair (2.40). Third Avenue. .. Thompson (3.60) Tidew Aso (60¢) Timken R(5%1) { Tobac Prod (1) Transcont Oil... Un Bag & Paper. Unlon Carb (6). Un Pacifie (10). Un Pacitic pf(4) Union Tank (5). Utd Cigar St w.L. Un Cig St pf(7). United Drug (9) UtdDrg 1st(3%) Utd Dyewood. ... Utd Fruit(t5%) USCI1P&F(10) 2iZ USCIPpt(7). U S Alcohol (5). US Leather w1, U S Leather A.. USLeat pr pf(7) U'S Realty (4).. S Rubber..... S Rub 1st (8). SSmelt (3%). SSmpf (3%). S Steel (7). U S Tobacco(3). Unl Pic 1st pf(8) Unv P&R(12%). Utl P&LE A (e2) | Vanadium (3) Vick Chem (4).. Victor Tik Mch. Victor ev pt (6). Vietor vr pf (7). Va-Caro Chem. . i Va-Car Ch 6% m Va-Car Ch pf (7) Vivadou (3).... i Vulcan Detin, A Wabash., . Wabash pt A(5). Waldorf ¢1%).. Walworth (1.20) | Ward Baking B. Warner Plc A... Warren Bros(4). WarF&Pipe Cor. Weber (4)...... W Penn El pt(7) West P Po p£(7) | West Maryland. West Md 2d pf.. West Pacllic.... West Pac pf (6). WesthseAirB(7) Westinghse (4). Westhse 1st (4) Weston Electrie Wheel & L, E pf. White Mot (4) White Rock (2), White Sew M(4) White Sew Mach Wickwire ctfs. . Willys-Overland Willys Od pf (7) { Wilson Copt A.. Woolworth (5). . Wright Aero (1) Wrigley (t3%). Yale&Towne(5). Yellow Truck. 36 38 YungstnS&T( 85% 81 5% Hourly Sales on N, Y. Market. 1lam.. 3122300 12noon. 772100 1p.m., 1125600 2p.m.. 1335000 Dividend rates as given in the above table b D s based on th aro the unnual cash oayi latest auarterly or half vearly declarations. Unless otherwiss noted extrs or epecial divi- lends are not includs * Unit of trading lese than 100 shares. ? Partly extra £ Plus 4% 10 stock. 1§ Pay- able in “common stock 9 Plus 2/50 in stock. a Faid this vear—no rexular rate. 21T, Slaristly "o Stua A% 10 etock. o Par: 215 % quarterly ¢ Plus stock. - Payahle cash 17% 20% 159% 40% 5% 82% 204 163 41 54% 825 | stoek. fn’ Ciass A" stock 1 Barily stock a Pius one-hai? of common. NEW YORK PRODUCE. Special Dispatch to The Star. NEW YORK, August 15.—Green flat beans in bushel baskets sold 2.00a 3.50. Wax beans ranged 1.50a4.00. “atskill Mountain caulifiower sold at 3.0a5.00 per crate. Colorado cauli- flower brought 2.75a3.50. Rough celery packed in two-thirds crates peddled out as high as 3.00 and as low as 1.75. Bunches of 12 stalks sold at 35a75 per bunch, according to size of stock. 1.25a2.00 per bushel basket. Dills and pickles realized 1.7522.00. State Big Boston lettuce sold at 752 . occasionally 1.75a2,00. Western | Iceberg lettuce brought 3.00a4.50, rare- ly higher, State green peas in bushel baskets jobbed out 1.50a3.50. Western peas sold at 5.00a7.00 per crate. FLOUR AND PROVISIONS. NEW YORK, August 15 (#).—Flour steady; Spring patents, 7.60a8.00; soft Winter straights, 6.25a6.65; hard Win- ter straights, 7.25a7.60. Rye easy: No. 2 Western, 1.09 f.o.b. New York and 1.07% c.Lf. export. Barley easy; malting, 90% c.i.f. New York. Pork quiet; mess, 32.00; family, 36.00 a38.00. Lxuzl steady; Middle West, 12.50a 12 allow qulet; special loose, 713; ex- tra, T%. ‘Wheat futures opened firm; domes- 5 | tiCh September, 1.45; December, 1.49%. e Diving machines are to be intro- duced into the iti Society Islands for pearl gatheripg. AUGUST 15 State cucumbers changed hands at | Ji 1927.° BANK STOCKS HIT NEW PEAK PRICES Riggs Sells at 500 Today and American Security & Trust Shares at 421. DWARD C. STONE. National and American & Trust stock scored new pe for 1927 on the Washington Stock Ex- change to V. Riggs reached 500, a gain of 101y points since the last sale. The stock opened with a 10-share sale at 490, followed by a 5-share sale at the same price. The next sale covered 10 s at 495 and then came the final trans- ter of 10 shares at 500. g American Security & Trust regis- tered one 5-share sale at 421, the high- est previous mark reached this year having been 415. Federal-American National came out at 328, the same as the last quotation. Capital Traction closed at 104%. Potomac Electric 5% per cent pre- ferred opened at 10214 and closed at 10214. Ten shares of Washington Railway & Electric preferred sold at 92% and 100 shares of Merchants’ Transfer & Storage preferred at 10 Banks Ready for Crop Moving. The banks of the country are enter- ing npon the crop-moving season with a smaller amount of indebtedness at | the Reserve banks, and with easier | conditions prevailing in the money market than at any time since the corresponding season of last year, ac- cording to the Federal Reserve Bul- letin for August. The Reserve Bulletin gives the first formal opinion of the board about the current money market since the re- duction of rediscount rates by Feder: Reserve banks was begun by the Kan- sas City Federal Reserve Bank on July 29." Since then, St. Louis, Boston, New York, Cleveland, Dallas and At- lanta have reduced their rediscount rates from 4 per cent to 313 per cent. “The recent cost of ~short-term money rates,” the board said, “after a slight seasonal increase around the first of July, has been downward, as shown toward the end of the month by a decline of rates for call mone: time loans on Stock Exchange collat- eral and bankers' acceptances to a | level lawer than at any other time | this year.” Insurance Agreement Reached. Home Insurance and Maryland Cas- ualty have entered into a working agreement under which agents of the Casualty Co. will give Home their fire business and Home's agents will turn over to the Maryland concern such casualty business as they obtain, ac- cording to Highland Burns. president of the Maryland Casualty Co. Home Insurance has assets of $91.604,000, and Maryland Casualty reports $40,- 000,000. The Maryland company has an extensive business in Washington and its new associate is one of the largest fire insurance companies in the United States. Seaboard Seeks I. C. C. Bond Permits. The Seaboard Air Line has request- ed authority from the Interstate Com- merce Commission to issue and pledge $804,000 of 6 per cent first and con- solidated mortgage gold bonds due 1945 to reimburse its treasury for ex- penditures made in retiring equipment trust certificates. The Seaboard Air Line asks author- ity to procure authentication and delivery of $1.328,000 of first and con- solidated 6 per cent mortgage gold bonds in reimbursement of expendi- tures made during the period January 1, 1927, to June 30, 1927, for additions and betterments. Market Conservatism Urged. - While easy money will undoubtedly tend to support stocks of investment caliber. Hornblower & Weeks in their August Investment Review express the belief that the need for conserva- tism is evident in view of the fact that the industrials have advanced practically 20 points in 29 trading days. They add, “From now on, with political uncertainty and resulting business conservatism present, the stock market trend will become more and more dependent upon technical conditions. Heard in Financial District. Lawrence A. Slaughter, vice presi- dent of the Commercial National Bank, has gone to Saranac Lake, N. Y., for several weeks’ vacation. ._J. Gockeler, vice president of the District National Bank, and sec- retary of the Washington Stock Ex- change, has gone to Margate City, N. J., for the remainder of the month. Harry M. Wheeler of W. B. Hibbs & Co. has returned from a vacation passed at Woods Hole, Mass.; New London, Conn., and Rye, N. Y. H. G. Meem, vice president of the “’Mhlngton Loan & Trust Co., has gone with his family for a month's vacation at Atlantic City. Jesse L. Suter of Harriman & Co. is passing part of his vacation at Christmas Cove on the Maine coast. Francis M. Savage is spending a few days on the Eastern Shore before sail- ing for Europe early in September. Other Financial Notes. The International Telephone & Tele. graph Co. today announced in New York that it had acquired a controlling interest in the Companhia Telephonica Rio Grandense, which handles most of the telephone business in the states of Sao Paulo, Parana, and Rio Grande do_Sul in the southern part of Brazil, The Depantment of Commerce has issued a trade bulletin on the cur- rency systems of the Orient which contains information of considerable value. Last year our total trade with S FINANCIALY A R AR Equitable Co-Operative Building Assn. JOHN JOY EDSON, President WALTER 8. P! , Jr., Secretary Organized 1879 St YEAR oMLY Assets ..$571451.83 Surplus ..............$1,446,881.04 Subscn'plion; for the 93rd Issue of Stock Being Received Let Your Saving Be Systematic —Join the Equitable Don't just save now and then —make it a regular thing each vay day. The Equitable will help you get ahead financially. Join Today! 915 F ST. The New York Life Insurance Company Offers to Make First Mortgage Loans On Improved Real Estate in the District ot Columbi; and Nearby Suburbs in Montgomery County, Md., for 3.5 or 10 year terms on your 5%% Apply RANDALL H. HAGNER & COMPANY MORTGAGE LOAN CORRESPONDENT 1321 Connecticut Ave. Telepone Main 9700 Apartment Office Building Home Business Property APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent Suburbs in Montgom- ery and Prince Georges Counties, Md. 3: % NTEREST Apply to H. L. RUST COMPANY LOAN CORRESPONDENT Ghe PRUDENTIAL INSURANCE COMPANY o AMERICA 1001 15th Street N.W. Main 6888 WE OFFER CHAMBERLIN-VANDERBILT HOTEL 0Old Point Conifort, Va. (New hotel to be erected on the site of the old Chamberlin Hotcl) First Mortgage 63 Per Cent Sinking Fund Gold Bonds—Due 1942 Intangible Personal Pro; Tax of 5 Mills refunded. el Estimated net earnings over 5.7 times interest requirements. Application will be made to list these bonds on the Washington Stock Exchange. Price 100 and interest, to yield 6.50%,. Circular on request Crane, Parris ‘& Company Investment Bankers since 1883 823 Fifteenth StreetN.W. Washington,D.C. Asia_and Oceania was valued at ap. proximately two and a quarter billion dollars, only a portion of which was transacted in American currency. The great bulk of it was settled in rupees tael, yen, pesos and pounds sterling. SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co.) ~—Nuo Am. Tel. & Tel. Co. 45 1029, Amerucan Threa Co G {1k nconda, Conper fa TO2) Associated Oif 0y 19 s 1029 | 148 1947 Baitimore & Ohio Batavian Pet, C. 4 . Rwy. 21930 r. Rwy. 4145 1035 Wy, Co. 43an 1930, §t. Paul 6s 1934 438 1028 T oFESESS R 222! 822! S 23R ao0aas00050 SE| PESELRE TS 25055 20253555555 0 S20025: BESSESRm: SeS255 Sou. Pac . Co. Std. Oil of N. Y. Std: Oil of N: J.' 55 19 t. L. Ir. Mt. & So. Ry 4s Swift & Co: b 10; Union Qil of Calif, higsar n o U. 8. Rubbes U, 8. Smelting Co. Wheeling Steel C. 3R 3! Ry W 3: s 11 SRR3=533ER! WP .____ 2332 FRETIE 855555 23532533 DU PONT DIVIDEND DECLARED WILMINGTON, Del.. August 15 (#), —Directors of E. I. du Pont de Ne- mours & Co. at their quarterly meeting here, today declared a regular quarterly dividend of $2 per share on the common stock. The dividend is payable, September 15 to stockholders of record Septem- ber 1. A regular quarterly dividend of 1% per cent .on debentur~ stock was de- clared payable October 25 to stock- holders of record October 10. FIRST MORTGAGES YOU DON'T MAKE INVESTMENTS EVERY DAY It is all the more important, therefore, that you should be safely counselled as you invest vour funds. Consider, we sug- gest, our 6% FIRST MORTGAGES Our Third-of-a-Century ex- perience in the investment field recommends them alike from the points of view of safety of prin- cipal and dependability of in- come. B. F. SAUL CO. Main 2100 925 15th St. N.W. A Third of a Century Without a Loss THERE IS NO SUBSTITUTE FOR SAFETY { {